Basics of Budgeting A Practical Guide to Better Business Planning Terry Dickey iM} A Fifty-Minute™ Series BookBasics of Budgeting A Practical Guide to Better Business Planning Terry Dickey CREDITS: Editor ‘Tony Hicks Designer: Carol Harris ‘Typesetting: ExecuStaff Cover Design: Amy Shayne and Fifth Street Design Artwork: Ralph Mapson ‘B199% Coase Teco: a division of Thomson Lening, Thomson Leaning ia Wadena sed Dereon Tease ALL RIGHTS RESERYED. No pat ofthis work maybe reproduced, anscibed of wed in ay form or by any means grphic, lectronic, ‘mechanical, incldin photocopying ects, taping, Web dtbution, of nfo trae nd cel ssa whos to pir Weten pemision of the potiber Foc oe ifomation cote: ous Teinology 25 Thomson Place Botan MA 02210 (Or nd ws on the Wet wocoursicom or peso o use stra fom his texto product, suena rquest alia atv thonsanihts om ‘Trademarks isp Learning is tdemark of Couse Technolog. Some ofthe product ames ap company names use inthis ook have been ws for Mean purpenes nly, nd ay be traders or eps ademars oftheir spective nantes and eles Disclaimer Course Tecnology ress the rght to revise this publication and make changes fom ime tote ints coment without noice ISBN 1-36052-134-1 Prins inthe United Sates of America 12345 pMasos sasLearning Objectives for Basics of Budgeting The leaning objectives for Basics of Budgeting are listed below. They have been developed to guide you, the reader, to the core issues covered in this book. The Objectives of this book are: 1) To discuss principles of strategic planning Q 2) To show how to budget sales, labor, depreciation and other expenses 2 3) To review financial and presentation aspects of budget plans